Pharmaceuticals & Pharmacy Supplies Wholesaling in Canada - Industry Market Research Report

Pharmaceuticals & Pharmacy Supplies Wholesaling in Canada - Industry Market Research Report

  • December 2019 •
  • 33 pages •
  • Report ID: 4640039 •
  • Format: PDF
Not prescribed: Profit will likely decline due to rigorous provincial regulations on pricing

Abstract

Pharmaceuticals & Pharmacy Supplies Wholesaling in Canada
The Pharmaceuticals and Pharmacy Supplies Wholesaling industry in Canada has benefited from its integral role in the pharmaceutical supply chain without the plague of external competition from manufacturers, which is endemic to most wholesale industries. Pharmaceutical wholesalers and self-distributing pharmacy chains, which are excluded from the industry, account for 95.0% of total pharmaceuticals distributed to pharmacies in Canada, as well as long-term and specialized healthcare facilities. Over the past two decades, pharmaceuticals have comprised one of the fastest growing segments of healthcare expenditures. Over the five years to 2023, industry revenue is forecast to continue its growth. The advent of new specialty drugs, including biologic drugs, will cause hospitals and pharmacies alike to turn toward wholesalers to provide temperature controls and other supply chain management services.

This industry distributes medicines, cosmetic products and personal grooming products. This industry does not include manufacturers that sell medicines, equipment and supplies directly to hospitals or doctors’ offices.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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